Medical Benefits Plan For Retired Non- Physician Salaried Employees

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 943134675 ✦ North quincy, MA ✦ Designated as a 501(c)(9)

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Overview

What is Medical Benefits Plan For Retired Non- Physician Salaried Employees?

The Medical Benefits Plan for Retired Non-Physician Salaried Employees is a program designed to offer medical benefits to retired non-physician employees of Permanente Medical Group, Inc., who are under a collective bargaining agreement, along with their eligible dependents. This initiative's primary objective is to provide these retired employees with necessary healthcare services, as it covers and pays for medical benefits to its members.

Is Medical Benefits Plan For Retired Non- Physician Salaried Employees legitimate?

Medical Benefits Plan For Retired Non- Physician Salaried Employees is a legitimate nonprofit organization registered as a 501(c)(9) entity. Medical Benefits Plan For Retired Non- Physician Salaried Employees submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $52,096
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,982

For more financial information, click here

What is the mission statement of Medical Benefits Plan For Retired Non- Physician Salaried Employees?

The Medical Benefits Plan for Retired Non-Physician Salaried Employees is committed to providing medical benefits for retired non-physician employees of Permanente Medical Group, Inc., who are covered under the collective bargaining agreement, and their eligible dependents. The primary objective of this plan is to ensure the retired employees have access to necessary medical benefits, as outlined in the agreement. The program involves making payments to its members to cover their medical expenses.

Who is the CEO of Medical Benefits Plan For Retired Non- Physician Salaried Employees?

State Street Bank is the Trustee of Medical Benefits Plan For Retired Non- Physician Salaried Employees.

What is the revenue of Medical Benefits Plan For Retired Non- Physician Salaried Employees?

Medical Benefits Plan For Retired Non- Physician Salaried Employees's revenue in 2022 was -$87,436,366.

Who are the executives of Medical Benefits Plan For Retired Non- Physician Salaried Employees and what are their salaries?


There is 1 key member and their salary:


State Street Bank Trust Comp (Trustee)
  • Compensation: $52,096
  • Related: $0
  • Other: $0
Where can I find the form 990 for Medical Benefits Plan For Retired Non- Physician Salaried Employees?

Medical Benefits Plan For Retired Non- Physician Salaried Employees's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Medical Benefits Plan For Retired Non- Physician Salaried Employees

The Medical Benefits Plan for Retired Non-Physician Salaried Employees, in its mission, aims to extend essential medical benefits to retired non-physician employees who are part of Permanente Medical Group, Inc. and are covered under the collective bargaining agreement. This program is designed to provide these individuals with the necessary medical coverage, along with extending such benefits to their eligible dependents. The Medical Benefits Plan's primary objective is to ensure the wellbeing of its members by funding and managing their healthcare needs, thereby offering them a sense of security in their post-employment years.

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Impact




October, 2024

The Medical Benefits Plan for Retired Non-Physician Salaried Employees significantly impacts the health and well-being of its members by ensuring access to necessary medical benefits for retired non-physician employees of Permanente Medical Group, Inc. This program plays a crucial role in providing financial security, allowing retirees to manage healthcare costs without undue stress, which is particularly important in retirement when fixed incomes are common.

By covering eligible dependents, the plan extends its supportive reach, fostering family health and stability. This comprehensive approach mitigates the financial burden associated with medical expenses, which can be daunting for retirees. The program's adherence to the collective bargaining agreement reflects a commitment to fair labor practices and recognition of the contributions made by non-physician employees during their tenure.

Overall, the Medical Benefits Plan not only serves as a safety net for its members but also enhances their quality of life in retirement, enabling them to focus on well-being and health with the assurance that they have essential medical coverage.




This information is meant to be a general summary of Medical Benefits Plan For Retired Non- Physician Salaried Employees. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
-$87,436,366 (2022)
Expenses
$47,152,459 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$87,436,366

Assets and Liabilities:

  • Total Assets: $355,868,710
  • Total Liabilities: $0
  • Net Assets: $355,868,710

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Organization Details

Founding Year

1990

Principal Officer

State Street Bank

Main Address

1776 HERITAGE DRIVE 3RD FLOOR, NORTH QUINCY, MA, 02171

NTEE Category

Code: Y40 - Mutual benefit

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